RCG News

Retirement Capital Group announces a Joint Venture with Retirement Plan Advisory Group

San Diego, CA – December 16, 2003 – Retirement Capital Group (RCG), a leading provider of Executive Compensation and Benefit plans, today announced their joint venture with Retirement Plan Advisory Group.

RCG and Retirement Plan Advisory Group, two of the nation’s leading resources for retirement plan sponsors, have joined forces to offer employers a uniquely different approach to managing their financial benefits. Called the total retirement solution, the two organizations have handpicked the best and brightest investment advisors and retirement consultants to structure mid-large employer qualified and non-qualified plan programs.

Retirement Capital Group’s CEO & Chairman William L. MacDonald says, “Companies have lacked for years, the combined intellect and sheer experiences of superior investment, tax and administrative counsel. Our unique partnerships around the country offers a comprehensive solution for total retirement solutions along with our extensive expertise in executive compensation and executive benefits that draws from among the nation’s best and brightest firms and geography to deliver long-term sustainable solutions.” RCG’s process-driven approach to retirement plan design, funding, implementation and communication, and administration and monitoring assures that individuals, and corporations on the behalf of their employees, achieve their projected goals for retirement.

P. Cosmo Smith, CEO of Retirement Plan Advisory Group says, “Poor market conditions and lack of plan level investment advice have left more than 60% of America’s pension plans under-funded. Similar characteristics are also driving the defined contribution and financial planning markets.” In addition to generating better investment performance, many companies are focused on establishing or restructuring their advisory relationships. The total retirement solution cuts across all the necessary disciplines—defined contribution, defined benefit and non-qualified planning, enabling a comprehensive solution that drives down costs, increases investment return, eliminates administrative hassles and alleviates fiduciary risks. “The combination of these firms and their respective consultants is a meaningful development as employers begin to look for more comprehensive benefits solutions. Bill (MacDonald) and RCG bring un-replicable advantages to our team,” said Smith.

About Retirement Capital Group

RCG’s focus includes optimizing retirement savings by minimizing taxes through a complementary combination of qualified defined contribution and defined benefit plans, and nonqualified deferred compensation plans. RCG adds further value through its own proprietary solution, the Insured Security Option Plan (ISOP), a patented, tax-deductible deferred compensation plan that provides ERISA-protected employee retirement benefits. The ISOP is an excellent plan for companies with a desire to help their most valuable employees maximize their retirement assets. Retirement Capital Group’s corporate headquarters is located in San Diego, California.

About Retirement Plan Advisory Group

Retirement Plan Advisory Group is an organization representing several of the nation’s most respected investment advisors and retirement plan consultants. Retirement Plan Advisory achieves industry leadership through its advisor affiliates, who combine years of experience within their respective disciplines—employee benefits and financial planning.

Return to RCG News